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Merrill Lynch started coverage on shares of Hilton Worldwide Holdings (NYSE:HLT) in a research note issued on Tuesday, American Banking and Market News reports. The firm set a “buy” rating on the stock.

Shares of Hilton Worldwide Holdings (NYSE:HLT) traded down 1.48% during mid-day trading on Tuesday, hitting $21.92. 2,626,958 shares of the company’s stock traded hands. Hilton Worldwide Holdings has a 1-year low of $21.15 and a 1-year high of $25.75. The stock has a 50-day moving average of $21.87 and a 200-day moving average of $21.87. The company has a market cap of $21.583 billion and a price-to-earnings ratio of 45.50.

Other equities research analysts have also recently issued reports about the stock. Analysts at Telsey Advisory Group initiated coverage on shares of Hilton Worldwide Holdings in a research note to investors on Tuesday. They set a “not rated” rating and a $25.50 price target on the stock. Separately, analysts at Goldman Sachs Group Inc. initiated coverage on shares of Hilton Worldwide Holdings in a research note to investors on Tuesday. They set a “neutral” rating on the stock. Finally, analysts at Barclays initiated coverage on shares of Hilton Worldwide Holdings in a research note to investors on Tuesday. They set an “overweight” rating and a $25.00 price target on the stock. Ten investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Hilton Worldwide Holdings currently has a consensus rating of “Hold” and an average price target of $24.46.

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